How Are Net Lease Drugstore Investors Reacting to Amazon’s New Online Pharmacy?

While the net lease drugstore sector has been relatively internet-resilient and deemed an essential service during the COVID-19 pandemic, Amazon’s recent launch of Amazon Pharmacy could pose a significant threat to bricks-and-mortar drugstores. For now, however, net lease investors are waiting to see how successful Amazon’s venture proves to be before reflecting it in their underwriting.
​
The e-commerce giant opened its online and mobile prescription medication ordering and fulfillment service in November, allowing consumers to order medication or prescription refills, which will be delivered to their doorsteps in a couple of days.

Read Full Article: bit.ly/375CAmD